Nokia today warned sales in the fourth quarter would likely be weaker than expected as new colour-screen phones failed to entice consumers.
The world's largest mobile phone maker said sales would be between €8.8 billion and €9.0 billion as consumers favoured lower-end rather than higher-end phones.
The company had previously forecast sales at €8.9 billion to €9.2 billion, with sales in the fourth quarter last year at €8.8 billion.
But Nokia said pro forma diluted earnings per share in October-December would be comfortably within its previously indicated range of €0.23 - €0.25.
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The firm had a fourth-quarter pro forma EPS of €0.24 a year ago.